Refundability. Pursuant to Indiana Code § 6–3.1–13–18, in the event the credit amount claimed by the Company for a Taxable Year exceeds the Company’s Indiana State Tax Liability for that Taxable Year, the excess shall be refunded to the Company.
Refundability. The Xxxxxxx Money shall become non-refundable to Purchaser as set forth in this PSA.
Refundability. At least 30% of total annual grant approvals, excluding feasibilities, made by each XXX, must be in refundable form. An individual XXX may decide not to assign a refundability element in the case of any individual grant, once the overall levels are achieved. It will be a matter for each XXX/EVAC to determine the commencement date for repayment of RA. XXXx/EVAC may offer a moratorium on repayments; however, such a moratorium should not extend beyond one year following drawdown.
Refundability. Payment of the Franchise Fee shall be non-refundable in consideration of administrative and other expenses incurred by Franchisor in granting this franchise and for Franchisor’s lost or deferred opportunity to franchise others.
Refundability. The Deposits shall be refunded in full to Buyer with interest if any of the following events occur: (i) Seller elects to terminate this Agreement for any reason prior to the end of the Due Diligence Period (or any Cure Period provided by Section 8.1); (ii) Seller elects to terminate this Agreement after the end of the Due Diligence Period and, immediately prior to the time of such termination, Buyer would have had the right to elect to terminate this Agreement pursuant to Section 8.2; (iii) Buyer elects to terminate this Agreement pursuant to Section 8.2; (iv) any termination occurs by mutual consent pursuant to Section 8.2(a) or by passage of time pursuant to the introductory paragraph of Section 8.2; or (v) any closing condition set forth in Section 7.1 or Section 7.2 has not been satisfied (or waived in writing by Buyer) prior to or on the Closing Date (other than by reason of a default by Buyer or the lack of a required performance by Buyer).
Refundability. The Partial Initial Franchise Fee is non-refundable if: (a) this is the first Franchise Agreement that Franchisee has entered into with Great Clips (unless Franchisee purchases an existing GREAT CLIPS® salon); or (b) Franchisee has participated in an incentive program which requires non-refundable fees or deposits to be paid to Great Clips. If this Franchise Agreement is cancelled, and this Agreement is not the first Franchise Agreement that Franchisee has entered into with Great Clips and it is not part of an incentive program, Great Clips will refund the Partial Initial Franchise Fee. To receive a refund of the Partial Initial Franchise Fee, Franchisee and each of Franchisee's shareholders or equity owners with a 10% or greater interest in this Agreement must sign a General Release in favor of Great Clips and Great Clips shall have no further obligation to Franchisee. All refunds are without interest.
Refundability. The application fee deposit made by you was used to pay third party fees incurred on your behalf for a property appraisal or credit report. Any third party fees collected in excess of the actual costs will be refunded to you. MARYLAND MORTGAGE BROKER AGREEMENT MD COML § 12-805 If for any reason the mortgage loan application you submit does not result in a loan closing, you will not be required to pay us for our services other than an application fee; If your loan is subject to the right of rescission under the Federal Truth-in- Lending Act and you exercise that right, within 20 calendar days the lender must return any money you have given to anyone in connection with the transaction. If any money has been paid from loan proceeds and you later rescind, you understand the money will be refunded to the lender. If you agree to the terms and conditions stated above, this agreement will be in effect from the date of this agreement until By signing below, xxxxxxxx agrees to the terms and conditions of this agreement and acknowledges receipt of this Mortgage Broker Agreement.
Refundability. The fees set forth in this Section 5.1 shall not be refundable or creditable against any future milestone payments, royalties or other payments by MEI to Presage under this Agreement; provided, that nothing in this Section 5.1 is intended to limit either Party’s rights to pursue or obtain damages arising from a breach of this Agreement.
Refundability. Upon expiration of the Inspection Period, the Xxxxxxx Money and Additional Xxxxxxx Money shall be nonrefundable to Purchaser unless this Contract has been terminated by Purchaser in accordance with Section 5.1.2 hereof. Notwithstanding anything herein to the contrary, $100.00 of the Xxxxxxx Money will be non-refundable and will be distributed to Seller upon any termination of this Contract as full payment and independent consideration for Seller’s performance under this Contract. If this Contract is properly terminated by Purchaser pursuant to a right of termination granted to Purchaser by any provision of this Contract, the Xxxxxxx Money, less the non-refundable portion, will be promptly returned to Purchaser, and the parties will have no further rights or obligations under this Contract (except for any that, by express provisions of this Contract, survive the termination of this Contract).
Refundability. When ordering directly from Licensor, first time Licensees may return their Software in “as new” condition within 30 days of their licensing date for a refund. An adjustment will be made for Software returned within 30 days that is not “as new.” The following are non-refundable under all circumstances: shipping and handling charges, upgrading to a more fully featured model of the Software, and the annual technical support fee in subsequent years.